Spectacular stock flights buoy Wall Street on big loan rise
Day opens shaky as traders weigh loan surge and market digestion. Texas Pacific Land Trust soars to 40, a near ten point jump, while Northern Pacific trade recalls 1901 turmoil with Morgan Hill clash. New Mexico and Arizona Land gains echo strong McKinley County drilling activity. General Motors hits new high as United States Steel reaccumulates after ex dividend.
MENTIONED IN THIS ARTICLE
S. S. Fontaine
New York World News Service
New York
Wall Street
Texas Pacific Land Trust
Northern Pacific
James J. Hill
J. P. Morgan & Co
E. H. Harriman and Kuhn, Leeb & Co
R. H. Thomas
Stock Exchange
Mr. Morgan
Harriman
Shorts
Hills
Land Trust
New Mexico
Arizona Land
Newexico
Arizona Land Company
McKinley County
Midwest Refining Company
New Oil Territory
Texas
Pacific Land Trust
Pecos County
Tex
Southwest
Illinois Pipe Line
General Motors
United States Steel
Andrew W. Mellon
Closing Stock Transactions on the New York Stock Exchange
The June 7 closing list records extensive figures across many companies on the New York Stock Exchange. It notes total shares traded totaling 2,376,600 for today, with comparative figures from the previous day and week, plus overall market averages for Twenty Railroads and Twenty Industrials.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Bond Market Slumps and Banks Listed in City Ledger
New York bond trading shows quoted highs and lows across many issues with prices centering around 100 and 105, highlighting treasury and corporate bonds. Banks and trust companies such as Bank Stock, Bank of Commerce and Trust, and Provident Savings appear in the city ledger alongside regional lenders and savings institutions with notes on trust, national, and private banks.
MENTIONED IN THIS ARTICLE
Bank of Commerce and Trus
Brighton Bank and Trust Cg
Brotherhood Bank
Cincinnati Bank and Trust
Columbia Bank and Trust
Cosmopolitan Bank
First National
Covington
Norwood
Hyde Park Savings Bank
Liberty Nat
Bank of Cov
Morris Plan Bank
Norwood National Bank
People’s Bank and Saving Provident Savings Bank
Washington Bank and Law
Cincinnati New Orleans and Texas Pacific declares 4 percent dividend
The Cincinnati New Orleans and Texas Pacific Railway Company declares a semi annual dividend of 4 percent on common stock payable June 25 1927 to stockholders of record at close of business June 11 1927 Cal McCarthy secretary.
MENTIONED IN THIS ARTICLE
Cincinnati, New Orleans & Texas Pacific Railway Company
Cincinnati
Cal Mcc
Arthy
Markets at a Glance with Mixed Signals From NY to Chicago
In New York stocks hold steady while Texas Land rises 600 points and sits at 10. Bonds firm with Hudson Coal 6s% oversubscribed at 35 million. Foreign exchanges mixed. Canadian dollar discounted. Cotton rises amid Mississippi Valley floods. Sugar steadies as covering. Coffee softens with weaker Brazilian markets. Chicago wheat strong on external market strength. corn firm on poor crop reports. Cattle uneven. hogs weak amid large receipts.
MENTIONED IN THIS ARTICLE
Texas
Mississippi Valley
Chicago
Federal Reserve Boards
Chesapeake Corporations
New York
Spain
Cincinnati Stock List Records Strong Trading
The Cincinnati market showed buoyancy with 5 216 shares and $5 000 in bonds changing hands. Kodel Radio A led gains with a high of 23.25 and close near 22 50 while American Rolling Mill and Eagle Picher moved with varied closes. Banks and bonds also saw activity amid a broad trading day.
MENTIONED IN THIS ARTICLE
Cincinnati
New York
Kodel Radio A
American Rolling Mill
Eagle-Picker
American Products Preference
Cincinnati Car
Hobart Manufacturing
American Rolling Mill Preferred
Eagle- Picher
Hobart
Coca Cola Bottling A
Cooper
First National Bank
Procter & Gamble
Cincinnati area firms declare quarterly cash dividends
The Cincinnati and Suburban Telephone Company advised the Cincinnati Stock Exchange that directors set a regular quarterly dividend of 1.12 dollars per share payable to holders of record June 18. Ex-dividend date is Friday June 17. Other declared dividends include Buckeye Incubator Company 0.75 on common payable July 1 to holders June 20 Dow Drug Company 2 on common and 1.75 on preferred payable July 1 to holders June 20 Pure Oil Company 6 and 8 percent preferred ex-dividend Friday June 1 for payment July 1 of 1.50 and 2 dollars respectively.
MENTIONED IN THIS ARTICLE
Baldwin
Buckeye Incubator
Burger Brothers
Cincinnati Gas and Electric
Cincinnati Gas Transportation
Cincinnati Street Railway
Cincinnati and Suburban Telephone
City Ice and Fuel
Giant Tire
Gibson Art
Hobart Manufacturing
Jaeger Machine
Johnston Paint
Kroger Grocery and Baking
Little Miami
Lunkenheimer
Mead Pulp and Paper
Special
Nash
Paragon Refining
Procter & Gamble
Pure Oil
United States Can
Vul- Can
Whitaker
Africa
England
Poland
Reichsmarks
Germany
Hudson Coal Company
Delaware & Hudson Railway
Stock Exchange
The
Cincinnati and Suburban Telephone Company
Cincinnati Stock Exchange
Buckeye Incubator Company
Dow Drug Company
Pure Oil Company
Fifth Third Union Trust declares 8 percent quarterly dividend
Directors announced an 8 percent quarterly dividend payable July 1 to stockholders of record June 25. Cincinnati Tobacco Warehouse to sell ex-dividend at $1 per share today for the July 1 payment. a semi annual distribution applies.
MENTIONED IN THIS ARTICLE
Fifth Third Union Trust Company
Cincinnati Tobacco Warehouse
Swedish American declares quarterly dividend on stock and preferred
Swedish American Investment Corporation announced an initial quarterly dividend of 1.62 percent on common stock and the same on participating preferred shares, payable July 1 to holders of record June 15, as directors of the Frank G. Shattuck Co. outlined corporate actions.
MENTIONED IN THIS ARTICLE
Swedish American Investment Corporation
American Light and Traction approves stock issue and dividends
The company voted to issue 50 000 shares of no par stock at 60 dollars each, with stockholders of record June 16 offered one new share for every six held. Proceeds will retire floating debt and fund new stores. Directors declare a 50 percent common stock dividend on 34 819 600 common shares, payable June 30 to holders of record June 18, with cash dividend action to follow July 5.
MENTIONED IN THIS ARTICLE
LastiCha’s A'Gelc
Ja.cossessee
Cecision
E Rovernee
Union Baetle & Carbon
Union Oil of Cal
Union Pacific
U. S. Rubber
Ty. Ss
U. S. Steel Corp
Western Union Tel
Westinghouse Air Brake
Westingh. el. & Mfg
White Motor Co
Yan
Texas Pac
Bana Ir
Ascoeersens U. S. Indust
Victor Talk
Warner Bros. Pict. A
Worthington Pump & Mach
United Cigar Stores
U.S.C. Ir. P. & Fadry
Sg. Ting New
Se WB Pet Awasher Gbac
Univ. Pipe & Rad
Wabash Ry
Maryland
Woolworth Co
Aggla C
Hosee
Ig Agate
Paral Neesseat
Pany
American Light and Traction Company
Building permits dip in 1927 five months total
R G Dun reports that except February every month in 1927 shows fewer building permits than in 1926. Five month total reached about 1.155 billion dollars, down over 9 percent from a year earlier. May permits total 238.5 million, down 13.7 percent from May of 1926.
MENTIONED IN THIS ARTICLE
R. G. Dun
United States
Baldwin Locomotive Works Secures Philippine Order
Baldwin Locomotive Works lands a sizable order for ree locomotives from the Philippine Islands, signaling a strong export contract for the firm amid regional rail development plans.
MENTIONED IN THIS ARTICLE
Baldwin Locomotive Works
Ohio Electric Power bonds retired on July 1
Ohio Electric Power Company plans to retire its outstanding bonds totaling 1,927,100 dollars on July 1. The repayments are to be payable at Seaboard National Bank of.
MENTIONED IN THIS ARTICLE
Ohio Electric Power Company
Seaboard National Bank of New York
Steel Ingot Output Drops in May as May 1926 Figures Lag
The American Iron & Steel Institute reports May ingot production at 4,046,214 tons, down from April’s 4,129,952 and above May 1925’s 3,927,979. Five month output totals 20,308,375 tons, below the 1925 year-to-date. May operation rate sits at 94.90 percent, after 102.42 in March and 98.97 in May of last year.
MENTIONED IN THIS ARTICLE
American Iron & Stee Institute
Humble Oil declares extra dividend of twenty cents
Directors of Humble Oil and Refining Company declared an extra dividend of 20 cents a share in addition to the regular quarterly 30 cent payment. Both dividends are payable July 1 to stockholders of record June 11.
MENTIONED IN THIS ARTICLE
Humble Oil and Refining Company
Middle West Utilities Declares Initial Dividend
Middle West Utilities declares a quarterly dividend of 1.75 dollars per share on its preferred stock payable July 15 to holders of record June 30.
MENTIONED IN THIS ARTICLE
Middle West Utilities
Consolidated Mining declares extra and regular dividends
Consolidated Mining and Smelting Company declared an extra dividend of 5 dollars and a regular semi annual payment of 1.25 dollars, both payable July 15 to stockholders of record June 30.
MENTIONED IN THIS ARTICLE
Consolidated Mining and Smelting Company
High New York Cotton Exchange Seat Sells for 30000
Richard T Harris paid 30000 for Richard H Hooper membership on the New York Cotton Exchange an uptick of 1000 over the prior sale. South Porto Rico Sugar Company stockholders approve increasing common stock to 1200000 no par shares and a 4 for 1 split while authorizing 184893 new shares at 30 each with four votes per 50000 preferred shares. Building permits across 875 cities reach 816355178 in May up from 367321344 last year per W Straus & Co.
MENTIONED IN THIS ARTICLE
South, Ry
Kelly-Springfield Piha
Kennecott Copper
Kresge, S. 8
Sehen Lago Oil & Trans
Smi Wong
Secdenecr Cescescessece
Lehigh Valley R. R
Liggett & Myers
Liggett & Myers Tob
Lima Locomotive
Lorillard, P., Co
Louisiana Oil Ref
C.cecseee
Louisville & Nashville
Mibek Tyracks
CB Spe
Cecisairchcvee
Marland Oil
May Dept. Stores
Pathe Exchange A
Pennsylvania R. R
Phila
Rdg
Coal & Iron
Phillips Petroleum
Pittsburgh Coal Producers & Refiners
Bullman Co
Kansas & Texas
Bouweusinesseacesss
Mother Lode Coalition
Cash Register A
New New York Central
N. Y
N. H. & Hilda
Norfolk & Western
Northern Pacific
Paige-Det
Motor Car
Param
t-Famous-Lasky
Pere Marquette
Philip Morris & Co
Pierce-Arrow Motor Car
Pierce Petroleum
Seeeee Pub. Serv
Cor. N. J
Eo. Radio Corp
Am. Real Silk Hos. Mills
Reynolds Tobacco
New York Cotton Exchange
Richard H. Hooper
Richard T. Harris
South
Porto Rico
W. Straus & Co
Speedy grain futures orders prove efficient at New York Produce Exchange
A group of fifty agricultural experts and foreign scientists witnessed rapid execution of grain futures orders at the New York Produce Exchange. Orders from distant locations were processed and confirmations sent within minutes, demonstrating fast market activity.
MENTIONED IN THIS ARTICLE
New York Produce Exchange
New York
Foreign Exchange Rates in New York Buildings
The June 7 report lists currency demands and cable transfers for nations including Austria Belgium Czecho Slovakia Denmark Finland France Holland Hungary Italy Jugos Slavia Norway Poland Portugal Romania Spain Sweden Switzerland Batavia Calcutta Hongkong Singapore Shanghai Manila Yokohama Buenos Aires Rio de Janeiro Montevideo and Montreal funds in New York. The figures show bid and cable rates for each currency.
MENTIONED IN THIS ARTICLE
New York World News Service
New York
Austria
Belgikim
Czecho
Holland
Hungary
Italy
Jugo-Slavia
Norway
Poland
Portugal
Romania
Spain
Sweden
Switzerland
Batavia
Calcutta
Hongkong
Singapore
Shanghai
Manila
Yokohama
Buenos Aires
de Janeiro
Montevideo
Age Fiso
Montreal
Cotton goods market steady as fall lines move forward
In New York on June 7 cotton textiles were quiet in the gray cloth division with activity focused on fall fancies and specialties. Percales and other prints gathered for fall while domestics held steady and raw silk firmed. silk and burlap demand remained modest as manufacturers buy in small lots for immediate cutting with little anticipation of demand.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Advange
Kodel Radio A Stock
Ing
Ohio Oil Company
Benedum and Trees
New Mexico and
St. Louis-San Francisco Railway Company
NEW York Exchange
Bae
Sell cI
Wise Avenues
St. Louis
San Fran. Ry
Sears-Roebuc
ASR
Shell Union Oil
Simms Petroleum
Sinclair Con. Oil
Ccceeeeeees Skelly Oil
Sccccessecsessessecees
Southern Dairies A
Southern Pacific
Southern Railway
Spicer. Mfg
Cecesseesseereesssesseeses Standard Gas & el
Standard Oil Calif
Standard Oil N. Y
Stewart Warner Sneed
Studebaker Corp
Texas & Pacific
Texas Gulf
Ajax U
Reeves Seesseeeresoerres
Chem. & Dye
Dry Allis-Chalmers Mfg
Ceveee Amerade Corp
Weecenpeeceeceres
Amer. Agri. Chem. Pref Am
Bosch Ag
Pere Sens Renceereserees Am
Brake Shoe
New Brown Boveri Elec
Weseneseeres
Car & Fdy
PoWer
Internat. Corp
Am. Smelt. & Ref
Am Steel Founders
Sugar Refining
Sumatra
Tel
Tobacco Am
Eeeereee Perewereersseseese
Anaconda Copper Armour Co
Burns, Bros
A. Byers & Co
Sannseccesesecesses
Calif
Secreteeeeeeeeoene
Cal. Petroleum
Canadian Pacific
Cerro de Pasco
Chesapeake & Ohio
Chicago E. Ill
Great Western
Mil
St. Paul
Congoleum-Nairn
Continental
Continental Motors
Eaton Axle & Spring
Beeree
Reenaee
Sererenenses
Elec
Power & Light
Oon
Enee
Elec Refrigeration
Erie
Do Ist
Erie Steam Shovel
Federal
Fisk Rubber Oe
Eeweserasetensenessreesesees Fleischmann Co
General Electric
Gt. Northern Ry
Great Western Sugar
Gulf States Steel
Houston O
Hudson & Manhattan
Hudson Motor Car
Sere Earene Hupp Motor
Illinois Central
Feeeee Independent Oil & Gas
Interborough Rapid
Business Mach
Eeeemeseeses Int Combustion Eng
Int
Harvester Co
Gaeeseeeneeen
Match Partic. Pref
Merc
Marine Pref Semerreree Int
Nickel
Par
Renee Eae Denen Essearserese
Liberty
G. div
A L
S. R Prin
Crecosars
Am. Smelti Se Icons
Am. Tel
Anacon
Wea Andes C. M
A. T
S. F. Gen
Gas N.Y
Del
R. G. Con
Dge. Br. Ib
Eal Duquesne Light
Empire G. & F
Florida E. Cat. Bs
Goodrich
B. F
Gran
Man
Illinois
T.&t
K. C. Southern ·S
L.S
M.S
Lou. Gas. & el
Pac.t.&t
Penn. Dixie
el. Po
Toledo
Utah St. & Tr
Virginian
Chic. & E. Ill
C.M
St.p
Chicago Railway
C. T. Hte
S.E
S.E. Ine
Cities Soc
St.l
Cig
S. F
Consumers
Cuba Cane
Cub
Dom
Do Wes
East
Cuba
Coe Cesar Erie
Cn. Pr
Goodyr. T. & R
Gt. North. Ry
Hershey Choc
Do Adj
Illinois Bell Tel
Mar
Scccorna K. C. Ft. S. & M
K. C. Pow
K. C
Lac
St. L
Loew’s Inc
W.w
M.k.&t. Nw
Mo. Pac
IDG
Pete AG Cetera Nat
N.Y.C
H.R
Nynha&hool
Tr. Ee
N. Y. Ry. Ine
Do Gen
Norf. & South
Pacific
Ore
Wash
R.r.&n
Pac, Gas & Ele
Pan-Am.p.&t
Paramat
Penn. R. R
Pere Marq
P.C.C
Rem. Arms Sf
Rep. Ir. & Stl
St.l. LM
St. L. S. W. Con
Crccccenee I Silesian Am
Sinclair C.oil
Sinclair Ise Sou
Pac. Cvt
Ss. W. Spell Tel. Bs Ltd
Oil N. J
Texark
Ft.Sm
Trumbull
U.S. Steel St. Bs
Utah ‘Po. & Lt
Va. Ry
Wabash
Warn
Western Ele
Westghse
Mfz
Wilson & Co
Youngstown S.&t
Eeeeee
Belgium
Bolivia
Bulgaria
PET
Do Sig
Australia
Bavaria
Berlin
Brazil
Cece
Cccooresyees
Caldas Tie
Inawcececwe
Uspland
Nat
S.S
C.agr
el. P
Hung. Mun
Mores Selena Ind. Bank Jap
Japan
Sm Netherlands
Santa Fe
Sao Paulo St
Wks
Cts
Slov
Toho el. Po. Ts
Tokyo
Star Eee
Uruguay
Westp. el
A. & J. Frank
Wenoy
Alms & Doepke
Ault-Wiborg
Banner Grocers Baking
Cincinnati Ball
Cincinnati A
Gaiediaaiin
Cincinnati & Cov. Bridge
Tence Cincinnati Coffin Co
Cincinnati Int
Cleveland & Tahara
Columbia Life Insurance
Corcoran
Renee Deere
Neerseee
Reese
Dayton
Dixie
Diem & Wing
Federal Union Life Insurance
Gibson Realty Co
Gibson Hotel
H & S. Pogue
Intersouthern Life Insurance
Kentucky Jockey Club
State Life Er
Niles
Union
Ered
Traction
Associated Press
Cincinnati Stock List
L. A. Parrish
Sasongod
Frank G. Shattuck
Ohio
Procter
Gamble Co
Irwin-Ballmann Co
Walner St
Safe Investments
Siler City
N. C. St
Weil, Roth & Irving
Dixie Terminal Building
Eagle Picker
Whitaker Paper
Hobart Mfg
A.&j.frank Co
Union Trust
Private
Main
American Linen Supply
Reading Road